Australia has enjoyed nearly 28 years of solid economic growth. But recent threats, including trouble in China and global currency devaluation, could turn Australia’s good fortunes around.
As tensions rise over the U.S.-China trade war, manufacturers have begun shifting their operations from China to Southeast Asia. For most companies, however, the strategy is to diversify rather than pull out of China entirely.
A G7 group issued a report saying considerable work needs to be done before Facebook’s much-hyped Libra currency could gain approval and warning that cryptocurrencies could destabilise the global financial system unless they’re tightly regulated.
After trade talks between the U.S. and China collapsed last week, prospects for a trade agreement suddenly appeared dim. Behind the scenes the two superpowers are battling over which nation will dominate as transformative technologies including AI, machine learning and 5G mobility are rolled out across the globe.
The White House released a statement yesterday announcing the successful negotiation of the new United States-Mexico-Canada Agreement, intended to replace NAFTA. Here are some of the significant changes people are talking about now.
The Trump administration imposed a third round of tariffs on Chinese goods, covering roughly $200 billion of imports from China. China retaliated with $60 billion of tariffs. We tell you if this is likely to be a prolonged battle and what US companies need to consider now.
China is clamping down on cryptocurrencies, trying to curb capital flows and possible money laundering, but it remains an active investor in blockchain technology.
America is attempting to renegotiate NAFTA and may withdraw from the pact if its demands aren’t met. Either move would have enormous consequences for US businesses.
In a possible about turn, President Trump recently expressed interest in reopening TPP negotiations. We look at the possible consequences of the US joining the pact.
All EU member states except the UK and Denmark must adopt the euro as official currency. Bulgaria has announced its intention to do so, but EU officials warn that adoption will take time. We explain what the eurozone is, the process for joining, and why Bulgaria may need to go above and beyond meeting formal EU criteria.
Foreign governments and multinationals have started investing heavily in India, thanks in part to Prime Minister Narendra Modi’s economic reforms. We tell you why India is so appealing to some foreign investors, and why others are still reluctant to enter one of the world’s largest, fastest-growing markets.